The Archive · 1911

Demand for Cargo

Although no farther developments have taken place the Bankers' Guild and all others connected with ative banks are actively orders, Wo understand that an early settlement of this question is expected, and there is every probability of a satisfactory arrangement being arrived at, There are some new developments in the trade which go to prove that the effect of the crisis has been exaggerated, Tt appears that there is di for cargo in all parts of the Empire excepting the disturbed portions, Even Szechuan, which has jast emerged from the throes of " revolution, is asking for cargo. Shantang and other northera provinces are badly in want of goods, If, therefore, there is no trade, it is not for want of demand. the trouble with the the cause of the understand are paying out by cheques on foreign banks and taking delivery of cargo. Of course, they are only small sams, bat the innovation is one which is likely to have reaching effect on trade, The most likely effect would be that basines through native banks, excepting the Government banks and a few other substantial ones, would be vastly cattailed. It would be greatly to the benefit of trade if euch a consummation should come to pose, as it would, once for all, eliminate the periodical trouble and suspension of trade.

We should like to point out that only those that gave long Chinese have been badly hit by the te porary suspension of payment of native orders, The question of giving credit in China has yet to find a correct solution; bat those who gave long credits possibly understand that risks like these have to be taken now and then, when increase of business is the aim.

Text read from the printed page and cleaned; old type leaves the occasional error.

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